Optimal Growth when Environmental Quality is a Research Asset
Research output: Working paper › Research
Documents
- Wp-09-11
Final published version, 347 KB, PDF document
If environmental quality positively affects the productivity of labor in R&D and pollution is caused by the use of a non-renewable resource, it is socially optimal to postpone extraction and to intertemporally adjust R&D effort.
Original language | English |
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Publisher | Economic Policy Research Unit. Department of Economics, University of Copenhagen |
Number of pages | 8 |
Publication status | Published - 2009 |
- Faculty of Social Sciences - endogenous growth, non-renewable resources, environmental quality
Research areas
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ID: 16612866